recovery – The European Sting - Critical News & Insights on European Politics, Economy, Foreign Affairs, Business & Technology

Family incomes stagnate in the EU; people excluded from ‘moderate recovery’

November 12, 2015 by Dennis Kefalakos Leave a Comment

The Brussels Eurocrats are trying to convince us all that the European economy, after the 2008-2010 fallout, is now on the right track towards an era of growth and financial security. However, real people out there are still waiting to taste the benefits of this impalpable improvement. Apart from the fact that Eurostat, the EU […]

Filed Under: Consumers, Economy, Employment & Social Affairs, Eurozone, Policy, Politics Tagged With: Berlin, Brussels, consumption, ECB, Economy, EU, EU Commission, European Union, Eurostat, Eurozone, Germany, growth, household, income, monetary policy, recession, recovery, retail sales, retail trade, stagnation

Eurozone at risk of home-made deflation and recession

May 4, 2015 by Dennis Kefalakos Leave a Comment

Tomorrow Tuesday, 5th April, the European Commission will present its ‘Spring European Economic Forecast’ including assessments and predictions about GDP, inflation, employment and government finance for 2014, 2015 and 2016. Good providence made sure that last Thursday Eurostat released its flash estimate of April inflation standing at the edge of zero percent, up by an […]

Filed Under: Policy Tagged With: Commission, consumption, deflation, distribution, EU, Eurozone, forecast, GDP, growth, houshold, income, inflation, investment, prices, recession, recovery, stagnation

EU Commission: a rise in wages and salaries may help create more jobs

April 2, 2014 by George Pepper Leave a Comment

The Eurozone unemployment rate in February remained stubbornly stuck at the high level of 11.9% since October 2013. According to Eurostat, the EU’s statistical service, the EU28 unemployment rate was 10.6% in February 2014, one decimal point lower than the 10.7% of January this year. Let’s dig a bit into unemployment. On an absolute number […]

Filed Under: Employment & Social Affairs, Policy Tagged With: Commission, Employment, Eurostat, Eurozone, Germany, growth, jobs, recovery, salaries, unemployment, wages

EU: The Member States to pay for national banking problems

December 16, 2013 by Suzan A. Kane 1 Comment

According to information released by global media, this week the European Union is about to conclude the discussions on its major new project, the Banking Union, with an arrangement providing that the cost of eventual bank resolutions and recoveries is to burden the country or countries where the bank in question is conducting its business. […]

Filed Under: Policy Tagged With: bank resolution, Belgium, Commission, ECB, ECOFIN, EU Parliament, Ireland, Mario Draghi, recovery, resolution fund, Spain

Economic recovery won’t tackle youth unemployment problem

June 1, 2013 by Suzan A. Kane Leave a Comment

Eurozone unemployment rate rose by one decimal point in April reaching 12.2%, from 12.1% in March. This development does not constitute a strong indication that recession in euro area is getting worse. For one thing the rise of the rate of people without a job is very slight and falls in the margin of the […]

Filed Under: Employment & Social Affairs, Policy Tagged With: Banking Union, growth, inflation, Paris. Berlin, recovery, SMEs, unemployment, youths